ONGC, Oil India may bid for Mozambique gas stake
Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20% stake in Mozambique's Rovuma gas field that could fetch $4.5 billion
Reuters Mumbai
State-owned Oil and Natural Gas Corp's overseas arm and Oil India Ltd are considering a joint bid for a 20% stake in a Mozambique gas field, two sources familiar with the matter told Reuters.
US oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20% stake in Mozambique's Rovuma gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.
ONGC Videsh head DK Sarraf declined comment. Oil India Director Finance TK Ananth Kumar said all options were open for the company.
 "ONGC, Oil India may bid for Mozambique gas stake")
